14, FARWAY GARDENS, CODSALL, WOLVERHAMPTON, WV8 2QA - £465,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 FARWAY GARDENS is a large detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £703,302. It was last sold for £465,000 in February 2016, which was around 63% above the average February 2016 detached price in the South Staffordshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

14 FARWAY GARDENS Sold Prices

Land registry data shows three sales for 14 FARWAY GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Staffordshire local authority area for the corresponding sale date. All of the three 14 FARWAY GARDENS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 12 FEB	£465,000	£285,168	63% above HPI
2005 15 APR	£425,000	£232,324	83% above HPI
1999 16 AUG	£249,500	£111,618	124% above HPI

14 FARWAY GARDENS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Staffordshire local authority area over time, sourced from the HPI. The three 14 FARWAY GARDENS sales between August 1999 and February 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2005 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the February 2016 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 14 FARWAY GARDENS be worth now?

14 FARWAY GARDENS might now be worth an estimated £703,302.

This is based on house price inflation of 51.2%, between February 2016 and February 2025, for detached houses, in the South Staffordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.2% inflationary increase is applied to the most recent sale price for 14 FARWAY GARDENS of £465,000 on 12th February 2016. For the value to have increased from £465,000 to £703,302 over the nine years to February 2025, the following assumptions must hold true:

• The value of 14 FARWAY GARDENS has moved in line with the HPI for detached houses in the South Staffordshire local authority area.
• The February 2016 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FARWAY GARDENS has not materially changed since February 2016.

How Large is 14 FARWAY GARDENS?

14 FARWAY GARDENS is 138m² according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses houses in Codsall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codsall, and where 14 FARWAY GARDENS lies on this distribution: 63% of detached houses houses are smaller than 14 FARWAY GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in Codsall.

14 FARWAY GARDENS: Plot and Title Map

14 FARWAY GARDENS sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 14 FARWAY GARDENS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 14 FARWAY GARDENS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 14 FARWAY GARDENS?

14 FARWAY GARDENS is located in CODSALL, in the WV8 postcode district. The below map shows the position of No. 14 on FARWAY GARDENS.